https://www.taxtmi.com/news?id=19337 The document explains that electoral bonds are a regulatory instrument sold through the State Bank of India intended to replace anonymous cash donations with traceable instruments, presenting them as a substantial improvement in transparency relative to the existing non-transparent cash system. It contrasts three modes-cheque, online transfers, and electoral bonds-as involving clean money, with cheque and online methods being fully transparent and electoral bonds offering enhanced transparency over current anonymity. The government invites suggestions to further strengthen political funding cleansing while warning that impractical proposals could reinforce cash-based practices. en-us Mon, 08 Jan 2018 09:44:38 +0530 Mon, 08 Jan 2018 09:44:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19337 The document explains that electoral bonds are a regulatory instrument sold through the State Bank of India intended to replace anonymous cash donations with traceable instruments, presenting them as a substantial improvement in transparency relative to the existing non-transparent cash system. It contrasts three modes-cheque, online transfers, and electoral bonds-as involving clean money, with cheque and online methods being fully transparent and electoral bonds offering enhanced transparency over current anonymity. The government invites suggestions to further strengthen political funding cleansing while warning that impractical proposals could reinforce cash-based practices. News - Mon, 08 Jan 2018 09:44:38 +0530 https://www.taxtmi.com/news?id=19337